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NSE smokes BAT Kenya shares, gains high of Sh1.1 billion

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BAT Kenya BAT Kenya have changed the shares registrars, from Co-op Bank to Image Registrars www.businesstoday.co.ke
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Turnover at the Nairobi Securities Exchange (NSE) jumped to Ksh1.1 billion on the back of impressive trading of BAT Kenya shares.

The cigarette maker was involved in 1.2 million deals valued at Ksh786 million.

BAT Kenya traded at between Ksh610 and Ksh649 on January 24, wrapping the day at Ksh648.

A main feature in the Manufacturing and Allied Sector which posted shares worth Sh792 million, BAT Kenya’s shares helped boost turnover at the NSE to jump by Ksh885 million.

In the previous session, the bourse had posted a total turnover of Ksh215 million.

The number of shares traded also rose, from 7.5 million yesterday to 13.7 million traded on Thursday.

READ : ONE ACRE OF LAND IN UPPER HILL HITS SH551.8 MILLION

All NSE indices closed the day in the green zone as follows;

  • The NSE 20 share Index was up 0.23 points to stand at 2877.54.
  • All Share Index (NASI) gained 0.06 points to settle at 145.30.
  • The NSE 25 Share index picked up 9.02 points to stand at 3706.51.

The Bond Market traded bonds worth Ksh1.2 billion.

In the Banking Sector, shares worth Ksh267 million were transacted while the Commercial & Services Sector traded shares worth Ksh3.58 million.

The Energy and Petroleum Sector had shares worth Ksh5.2 million traded and accounted for 0.45% of the day’s turnover.

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Besides BAT Kenya, other big movers in terms of value include Equity Group Holdings, which actively moved 3 million shares valued at Ksh124 million. KCB Group moved 2.58 million shares valued at Ksh103 million.

Equity’s shares transacted at between Ksh39.00 and Ksh41.00 while KCB Group closed the day at Ksh39.95.

Nation Media Group moved 55,000 shares valued at Ksh3.2 million at a price of Ksh58.

Safaricom on the other hand had 4 million  shares valued at Ksh94 million. These shares transacted at between Ksh23.05 and Ksh23.40 and represented 8.06% of the day’s traded value.

SEE ALSO : CROSSBOUNDARY ENERGY ACCESS UNVEILED AS AFRICA’S SOLAR POWER SOLUTION

Written by
Mike Njoroge -

Mike Njoroge is the founder of Daystar Oracle and FootballTriangle. He is passionate about news, religion and sports. He can be reached at: [email protected]

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